Business

Vietnam’s domestic aviation market is recovering at the fastest pace in the world with a growth rate of 123 percent compared to the same period of 2019, before the COVID-19 pandemic broke out.

Vietnam Airlines JSC has just sent a document to the Ho Chi Minh Stock Exchange (HOSE) explaining measures and a roadmap to remove it from the list of stocks trading under supervision.

The number of tourists to the Central Highlands province of Lam Dong’s Da Lat City has sharply increased.

HSBC has lowered its forecast on Vietnam’s inflation rate in 2022 to 3.5 percent from its earlier prediction of 3.7 percent due to the stable domestic food prices, which is expected to help curb the country’s headline inflation.

Industrial and export processing zones based in Hanoi have unveiled that it attracted four new investment projects and 12 expanded projects featuring a total investment capital of US$ 81 million during the opening five months of the year.

Retail petrol prices increased from 3 pm Monday, June 13, to the highest rate ever, marking the sixth consecutive rise.

PetroVietnam Gas Joint Stock Corporation (PV GAS) has been named among the top 50 listed companies for this year by Forbes Vietnam, marking the firm’s 10th consecutive appearance on the list.

The International Monetary Fund (IMF) forecasted that Viet Nam’s gross domestic product (GDP) will reach US$571.1 billion by 2025, surpassing the Philippines and Singapore to become the third largest economy in the Southeast Asia.

In view of the important contributions of investment capital to the local economy, Vietnam needs immediate solutions to attract more FDI and strengthen its sources, according to experts.

In the controversy over limited-term apartment ownership, some experts see positives and say it could change the situation of slum areas and reduce housing prices.

China is one of the leading five consumers of Vietnamese wood and wood products, with its imports accounting for between 10% - 12% of Vietnam’s total wood export value, according to wood processors and Forest Trends.

More Vietnamese airlines have launched flights to Dong Hoi Airport in the central province of Quang Binh.

Vietnam has invested over 815 million USD in hydropower and mining projects in Laos’s Attapeu province, the Vientiane Times reported on June 9.

South Korea was among the three largest foreign investors in Vietnam during the past three years, according to the Vietnamese Ministry of Planning and Investment.

Almost 93 percent of German companies already operating in Vietnam will continue to invest in the country and over 64 percent of them expect their business to develop better in the next 12 months, a survey from AHK World

Minister of Trade and Industry Dang Hoang An and Italian Undersecretary for Foreign Affairs Manlio di Stefano co-chaired the seventh meeting of the Joint Commission on Economic Cooperation, following a two-year hiatus caused by the COVID-19 pandemic.

The Law on Support for Small- and Medium-sized Enterprises (SME) took effect on January 1, 2018, but its programmes have not provided adequate coverage to make any big difference.

Appropriate policies and regulations will help fully exploit untapped potential in developing blue sea economy, which plays an important role in socio – economic development of Vietnam, according to insiders.

The goal of maintaining inflation at 4% this year will be threatened unless viable solutions are introduced in a bid to rein in rapidly-increasing petrol prices, according to economic experts.